Nasdaq Commodities

Ethiopian Airlines on Tuesday placed an order for Boeing 737-8 MAX narrow-body jets, nearly five years after the fatal 2019 MAX aircraft crash that led to the grounding of the global fleet.

Tunisia's state grains agency is believed to have purchased about 50,000 metric tons of durum wheat in an international tender seeking the same volume on Tuesday, European traders said.

JBS SA, the Brazil-based meat behemoth, is braced for tough times as low cattle availability squeezes beef margins in the United States and management works to return U.S. pork business margins to more stable levels, managers said during a conference call to discuss third quarter results.

London cocoa futures on ICE climbed to a record high on Tuesday, with poor crops in top producers Ivory Coast and Ghana helping to tighten supplies.

Unusually hot and dry weather has gripped top soybean exporter Brazil as it plants what is supposed to be a record crop, causing concern for both soybean and corn supplies as soybean problems could bleed onto Brazil’s heavily exported second corn crop next year.

Chicago soybean futures dipped on Tuesday, giving back some of their sharp day-earlier gains, as investors awaited U.S. inflation data and sought further indications on Brazilian weather and Chinese demand that had stoked Monday's rally.

Global sales of luxury goods will likely not grow significantly in the fourth quarter, with tourist flows to Europe key to spending there as local shoppers tighten their purse strings, consultancy Bain & company said.

Egypt discussed with India's ambassador to Egypt the possibility of entering Indian financial markets, Egypt's finance ministry said in a statement on Tuesday.

Jordan's state grain buyer is believed to have made no purchase in an international tender to buy 120,000 metric tons of milling wheat which closed on Tuesday, traders said.

Germany's winter rapeseed planted area for the 2024 harvest is expected to be cut by between 4% and 7% on the area harvested in summer 2023 to between 1.09 to 1.13 million hectares, German oilseeds industry association UFOP estimated on Tuesday.

Ukraine's exports through an alternative Black Sea shipping corridor have reached almost four million metric tons since the route started operating in August, Ukrainian President Volodymyr Zelenskiy said on Tuesday.

U.S. authorities are likely to retaliate against the Dutch government's decision to cut flights at Amsterdam's Schiphol airport, probably limiting slots for Dutch airline KLM at U.S. airports, airline lobby group IATA said on Tuesday.

Home Depot posted a smaller-than-expected decline in quarterly same-store sales on Tuesday, as a switch to small-scale projects and repair work by customers cushioned a slowdown in demand for big-ticket items that has hammered the industry.

Seven trading companies are believed to be taking part so far in the international tender from Jordan’s state grains buyer to purchase 120,000 metric tons of wheat which closed on Tuesday, traders said in initial assessments.

Home Depot posted a smaller-than-expected decline in quarterly same-store sales on Tuesday, as a switch to small-scale projects and repair work by customers cushioned a slowdown in demand for big-ticket items that has hammered the industry.

The U.S. drive to develop sustainable aviation fuel (SAF) using ethanol could be slowed because of growing opposition to proposed pipelines that would curb greenhouse gas emissions from ethanol plants by capturing carbon dioxide and carrying it away to other states for storage.

Global sales of luxury goods will likely not grow significantly in the fourth quarter, with tourist flows to Europe key to spending there as local shoppers tighten their purse strings, consultancy Bain & company said.

Copper prices were supported on Tuesday by new funding to boost the Chinese housing market while the dollar softened as the market awaited inflation data from the United States.

Malaysian palm oil futures closed more than 2% higher on Tuesday as trading resumed after a long holiday weekend, with gains in rival Dalian and Chicago soyoil prices supporting the market.

The lowest price offered in the international tender from Tunisia's state grains agency on Tuesday to purchase about 50,000 metric tons of durum wheat was believed to be $423.89 a ton c&f for optional-origin supplies, European traders said in initial assessments.